Primark spin-off plan looks threadbare without proper online retail strategy
Discount chain to face tough competition in UK from rival with strong internet presence
Associated British Foods
Primark split marks end of AB Foods odd marriage
Demerger will create two FTSE 100 businesses and allow sharper focus in challenging market climate for clothing group
Can Primark thrive as a stand-alone business?
Fast fashion retailer will be spun out from its ABF parent next year and listed on the London stock market
Shares mixed as traders assess fragile US-Iran truce
Iseq down 1% as Ryanair declines on rising oil prices
Primark and Penneys to be spun out from listed parent Associated British Foods
Dublin-based fast fashion retailer is known as Penneys in Irish market and Primark in other countries
Primark’s Christmas quarter sales fell 2.7%
Parent company Associated British Foods issued a profit warning earlier this month
Penneys’ owners have bigger priorities than stock market spin-out
Retailer has been outflanked by rivals even as consumers decide to adopt a more cautious approach to spending
Tesco forecasts profit at upper end of guidance after Christmas sales rise
Company makes gains in Irish grocery market
European shares stabilise as investors await Nvidia report
Chipmaker’s earnings could set the tone in markets for the rest of the year
Penneys moment: Could a long-awaited spin-off finally pay off?
ABF flirted with a separation before but was rebuffed by Penneys founder Arthur Ryan, who preferred to stay out of the spotlight
Penneys owner’s plan to split fashion from food fails to excite investing front row
Thinking appears to that demerger would thrust food business into ‘rightful place in the spotlight’
Penneys owner ABF explores spinning off fashion chain
Retail giant flags ‘weak shopping activity’ among budget-conscious shoppers
Penneys owner Primark marks Middle East entry with Kuwait store
High street fashion retailer to open three stores in Dubai in 2026
Primark hikes US prices in response to tariffs
Group says subdued European environment expected to hit overall sales in second half of the year
Crosswords & Puzzles
Crosswords & puzzles to keep you challenged and entertained
Common Ground
How does a post-Brexit world shape the identity and relationship of these islands
The GlossOpens in new window
Read the digital edition of The Gloss magazine now
Family NoticesOpens in new window
Weddings, Births, Deaths and other family notices